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Benefits
Asking Price
$1,802,960
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Built in 2007 by Anthem Properties, this vacant move in ready and well maintained 2,908 SF (approx. 74.5'X35') warehouse is strategically located on the southwest corner of 192nd Street & 26th Avenue in the Latimer Lake Business Centre. Centrally located in the highly desirable Campbell Heights Business park in Surrey, BC. Highway 10, Highway 15, Highway 99 and the Canada/United States Boarder crossings are only a few short minutes away. The IB-1 zoning allows the property to accommodate a wide variety of light industrial, warehousing, office and accessory uses. This unit features 600V three phase power, 22' clear ceiling height and a 14'X10' wide grade level roll up loading door with 2,353 SF of designed warehouse space, a 251 SF office/reception area and a 305 SF lunchroom upstairs. (id:39198)
Location
Province
British Columbia
City
Surrey
Address
212 19138 26 Avenue
Postal Code
V3Z3V7
Location Highlights
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Listed by
Sutton Group-West Coast Realty (Surrey/24) British Columbia listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$1,802,960
Asking Price
$1,802,960
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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